Multiple Choice
When German car maker Mercedes-Benz owns and operates a factory in Vance, Alabama, that makes the M-Class sport-utility vehicle, this global market entry strategy is known as ________ and represents the greatest commitment a company can make to international sales.
A) licensing
B) local assembly
C) a joint venture
D) direct investment
E) local manufacturing
Correct Answer:

Verified
Correct Answer:
Verified
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